$699,000
Glens Falls, NY 12801
MLS# 202623546
3.5 baths | 4195 sqft
1 / 94
Property Description
Outstanding Downtown Glens Falls Investment Opportunity! Don't miss your chance to own one of the oldest buildings in Downtown Glens Falls--reportedly the second-oldest building in the city! This exceptional mixed-use property combines historic charm, modern updates, great tenants, and a fantastic downtown location. The first floor features a thriving restaurant with vaulted ceilings, beautiful wood floors, exposed beams, and tremendous character. The restaurant includes a full kitchen, outdoor patio area providing additional dining space or potential for expansion, and approximately 4-6 off-street parking spaces. A full basement provides excellent utility and storage space. The second floor offers two distinctive residential apartments. Unit 1 is a beautifully renovated 2-bedroom, 2-bathroom apartment with a dedicated office, private entrance, open-concept living space, luxury vinyl flooring, new fixtures, and fresh paint throughout. The bathroom is truly one-of-a-kind and adds to the apartment's unique appeal. Unit 2 is an outstanding 1-bedroom, 1-bathroom townhouse-style apartment spanning two levels. Featuring exposed brick, a private entrance, and a storage closet, this apartment offers character and charm that is difficult to replicate. Each residential unit has its own HVAC system, and the mechanicals are in excellent condition. The property enjoys a quaint alley setting with public parking conveniently located in both the front and rear of the building. This is a truly special Downtown Glens Falls property offering historic character, strong rental appeal, commercial space, and tremendous potential. Building for sale only. Come take a look at this unique and exceptionally well-maintained investment property!
Details
Maps
Contract Information
Original List Price: 699000
Lease Considered: No
List Price/SqFt: 166.63
List Price/Acres: 8737500
Status: Active
Property Sub Type: Mixed Use
List Price: $699,000
Listing Contract Date: 2026-08-06
Current Price: $699,000
Location
City/Town (Mail): Glens Falls
Cross Street: Elm Street
Street Number: 16
Street Name: Exchange
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12801
Geo Lat: 43.309375
Geo Lon: -73.645332
Property Detail
Stories: 2
Number Of Buildings: 1
Parking Y/N: Yes
Lot Size Square Feet: 3663
Zoning: Commercial
Lot Size Dimensions: 444x80x47x81
Lot Size Acres: 0.08
Building Area Total: 4195
Main Road Frontage: 44
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Land Lease Y/N: No
Year Built: 1830
Bathrooms Total: 3.5
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 302.20-28-2 520500
Tax Annual Amount: 9813
Tax Section: 302.20
Total Taxes Description: Estimated
Tax Block: 28
Tax Lot: 2.000
School District: Glens Falls
Elementary School: Abraham Wing
High School: Glens Falls
Directions & Remarks
Directions: Glen st to the circle to Hudson Ave to elm, right on Exchange st.
Public Remarks: Outstanding Downtown Glens Falls Investment Opportunity! Don't miss your chance to own one of the oldest buildings in Downtown Glens Falls--reportedly the second-oldest building in the city! This exceptional mixed-use property combines historic charm, modern updates, great tenants, and a fantastic downtown location. The first floor features a thriving restaurant with vaulted ceilings, beautiful wood floors, exposed beams, and tremendous character. The restaurant includes a full kitchen, outdoor patio area providing additional dining space or potential for expansion, and approximately 4-6 off-street parking spaces. A full basement provides excellent utility and storage space. The second floor offers two distinctive residential apartments. Unit 1 is a beautifully renovated 2-bedroom, 2-bathroom apartment with a dedicated office, private entrance, open-concept living space, luxury vinyl flooring, new fixtures, and fresh paint throughout. The bathroom is truly one-of-a-kind and adds to the apartment's unique appeal. Unit 2 is an outstanding 1-bedroom, 1-bathroom townhouse-style apartment spanning two levels. Featuring exposed brick, a private entrance, and a storage closet, this apartment offers character and charm that is difficult to replicate. Each residential unit has its own HVAC system, and the mechanicals are in excellent condition. The property enjoys a quaint alley setting with public parking conveniently located in both the front and rear of the building. This is a truly special Downtown Glens Falls property offering historic character, strong rental appeal, commercial space, and tremendous potential. Building for sale only. Come take a look at this unique and exceptionally well-maintained investment property!
Sewer
Public Sewer: 1
Current Use
Apartment Plus: 1
Mixed Use: 1
Restaurant: 1
Retail: 1
Architectural Style
Apartments: 1
Commercial: 1
Mixed Use: 1
Restaurant: 1
Retail: 1
Electric
200+ Amp Service: 1
Cooling
Central Air: 1
Basement
Full: 1
Heated: 1
Interior Entry: 1
Lot Features
Level: 1
Construction Materials
Brick: 1
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Business Type
Mixed: 1
Exterior Features
Lighting: 1
Other: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Occupied: 1
Restricted Days: 1
Restricted Hours: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Rolled/Hot Mop: 1
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Built-in Features: 1
High Speed Internet: 1
Vaulted Ceiling(s): 1
Parking Features
Parking Total: 4
Gravel: 1
Off Street: 1
On Street: 1
Private: 1
Public Parking: 1
Patio And Porch Features
Patio: 1
Possible Use
Apartment Plus: 1
Office: 1
Restaurant: 1
Retail: 1
Sale Includes
Building & Land: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Tenant Pays
Central Air: 1
Gas: 1
Heat: 1
Hot Water: 1
Trash Collection: 1
Status Change Info
Status Change Date: 2026-08-07
Property Features
Architectural Style: Apartments; Commercial; Mixed Use; Restaurant; Retail
Basement: Full; Heated; Interior Entry
Construction Materials: Brick; Wood Siding
Cooling: Central Air
Current Use: Apartment Plus; Mixed Use; Restaurant; Retail
Business Type: Mixed
Electric: 200+ Amp Service
Exterior Features: Lighting; Other
Flooring: Carpet; Laminate; Vinyl; Wood
Heating: Forced Air; Natural Gas
Interior Features: Built-in Features; High Speed Internet; Vaulted Ceiling(s)
Lot Features: Level
Parking Features: Gravel; Off Street; On Street; Private; Public Parking
Patio And Porch Features: Patio
Possession: At Closing
Possible Use: Apartment Plus; Office; Restaurant; Retail
Roof: Asphalt; Rolled/Hot Mop; Rubber
Sale Includes: Building & Land
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent; Occupied; Restricted Days; Restricted Hours
Special Listing Conditions: Standard
Tenant Pays: Central Air; Gas; Heat; Hot Water; Trash Collection
Water Source: Public
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Daniel Gaba
518-376-3242 | dangabateam@gmail.com
518-376-3242 | dangabateam@gmail.com
